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Re: bdahl385 post# 188

Wednesday, 01/21/2009 2:10:03 PM

Wednesday, January 21, 2009 2:10:03 PM

Post# of 432
HMGP is below a penny a share, lol

The key is that this well will allow Bounty to be more proven as well. The overall picture of Intrepid block will be much more clearer, as will the Intrinsic Value of the share price. I think Obama will also embrace domestic natural gas production, which will allow for a minimum of $6 mcf, otherwise it simply won't be profitable. The key is that these wells are cheaper to produce than horizontal drilling.

Godspeed, The Great Dane